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FYI

IFPI Report: Canada, By the Numbers

The global music industry showed its fourth consecutive year of growth, with an increase of 9.7% in 2018, according to data reported in IFPI’s annual State of the Industry report, fuelled by a 34%

IFPI Report: Canada, By the Numbers

By FYI Staff

The global music industry showed its fourth consecutive year of growth, with an increase of 9.7% in 2018, according to data reported in IFPI’s annual State of the Industry report, fuelled by a 34% increase in streaming revenue that accounted for 47% of the trade’s income.


Overall, Canada’s 2018 recorded music revenues totalled US$4412.M (C$572M). By sector, streaming led with revenue of US$264.8M. Physic sales earned US$64.4M and performance and sync income in the year totalled US$47.8M.

Canada music revenues by format – that includes streaming, downloads and physical sales of CDs and vinyl – increased, from US$374.7M in 2017, to US$393.4M in 2018, although compact disc unit sales almost halved, from 10.35M to 5.40M in the same period.

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A 0.5% increase in Canadian market revenue growth appears small in the IFPI report; however, the total is skewed by a fall in performance rights offsetting the 5% growth reported in total physical and digital. Growth in performance rights income fell by 30.7% (US$18.2M) to US$41.1M due to a large back payment for broadcast mechanical fees recorded in 2017.

– More statistical data about the Canadian and global markets can be found in full in the IFPI Global Music Report 2019: State of the Industry that can be purchased online. An executive summary in a PDF format can be viewed here.

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Kendrick Lamar
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Kendrick Lamar
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Kendrick Lamar Receives Nearly Five-Minute Ovation After 'Not Like Us' at Second Grand National Tour Concert in Toronto

Kendrick and SZA played their second show at the Rogers Centre on Friday night (June 13), which included a rare performance of SZA's 'Drew Barrymore' to make up for her cancelled 2023 concert.

Kendrick Lamar’s victory lap continues.

The California rapper received another roaring ovation after performing his viral Drake diss track “Not Like Us” in the rapper’s hometown of Toronto on Friday night (June 13).

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